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  • $17,500,000

    127 Palmyra Drive, Mountain Village, CO 81435

    6beds
    9,897sqft
    Stick Built
    Built in 2005
    1.51 Acres Lot
    $17,189,300 Zestimate®
    $1,768/sqft
    $62,201 Estimated rent

    Home value

    $17,189,300

    Estimated sales range

    Not available

    $62,201/mo

    Zestimate® history
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    What's special

    The residence at 127 Palmyra Drive is among the finest estates built within this storied resort community. Perfectly positioned slope side on one of Mountain Village's premier ski-in/ski-out estate lots with over 425 feet of trailside ski access. Designed with a sophisticated & enduring style, this timeless home offers warm & generous spaces for relaxation, recreation and the gathering of family and friends. With a rare 1.51-acre parcel, this non-subdividable duplex lot is zoned to potentially accommodate the construction of a separate second residence/family compound. The hilltop setting offers the highly sought-after elements of on-grade ski access, all-day sunshine and breathtaking views of the surrounding peaks & ski trails. The home features thoughtfully apportioned rooms & suites set amidst an open floor plan, perfectly suited to mountain living. Warm and inviting indoor spaces open seamlessly to covered decks, a stone terrace, hot tub and balconies wrapped by a towering glade of mature Aspen trees. A grand wood-burning fireplace graciously punctuates a great room & dining area that includes a 300 bottle temperature controlled glass wine storage overlooking the bridges ski run that provides ultimate comfort and relaxation. Additionally, a fully equipped Chef's kitchen with adjacent conservatory adds to the spectacular viewing of the San Sophia Mountain range. Three distinct and private guest wings are equipped with four laundry rooms, six bathrooms and two powder rooms which all radiate from the main living area and are perfectly paired with a family/recreation room, ski room, library, gym/steam & sauna, bunk room and office tower. The home & property are in pristine condition and have been impeccably maintained by its original owners since the day of its completion and is now being offered for the first time for someone to begin their own legacy in one of Telluride's finest residential settings.

    Zillow last checked:

    Listing updated:

    Listed by:

    William Fandel 970-708-4141,

    Compass

    Bought with:

    Montrose NON MEMBER

    NON-MEMBER/FSBO Montrose

    Source: CREN,MLS#: 815443MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Heating
    • Fireplace(s), Radiant Floor, Forced Air
    Cooling
    • Central Air, Forced Air
    Appliances
    • Included: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Microwave, Range Top, Range, Refrigerator, Washer
    Features
    • Sound System, Wet Bar, Guest Quarters, Pantry, Walk-In Closet(s), Sauna, Steam Room, Fitness Room, Mud Room, Wine Room
    • Flooring: Carpet-Partial, Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: Den/Family Room, Gas Log, Living Room, Other, Wood Burning Stove
    Interior area
    • Total structure area: 9,897
    • Total interior livable area: 9,897 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered Porch, Deck, Patio
    • Exterior features: Gas Grill, Landscaping, Lawn Sprinklers
    • Has spa: Yes
    • Spa features: Hot Tub, Bath
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1.51 Acres
    • Features: Adj to Open Space, Borders National Forest, Cul-De-Sac, Ski In/Ski Out, Skier Access
    Details
    • Parcel number: 477903306078
    • Zoning description: Residential Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Log
    • Property subtype: Stick Built
    Materials
    • Log, Stone, Wood Frame, Log Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

    Community & HOA

    Community
    • Security: Security System, Fire Sprinkler System
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Mountain Village

    Financial & listing details

    • Price per square foot: $1,768/sqft
    • Tax assessed value: $13,388,760
    • Annual tax amount: $32,044
    • Date on market: 1/3/2025
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/31/2024Sold$17,500,000$1,768/sqft
    Source: CREN #815443 Report a problem
    9/20/2024Sold$17,500,000-2.2%$1,768/sqft
    Source: TRIDEMLS #42471 Report a problem
    8/7/2024Pending sale$17,900,000$1,809/sqft
    Source: TRIDEMLS #42471 Report a problem
    5/8/2024Listed for sale$17,900,000$1,809/sqft
    Source: TRIDEMLS #42471 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,529 +4.6%$836,800 +52.4%
    2024$32,045 +10.4%$548,910 -1.4%
    2023$29,016 -2.9%$556,940 +2.6%
    2022$29,894 +7.5%$542,590 -2.8%
    2021$27,814 +0%$558,200 +6%
    2020$27,814 +13.1%$526,360
    2019$24,584 0%$526,360 +9.9%
    2018$24,584 +9.4%$478,730
    2017$22,465 -14.7%$478,730 -2.8%
    2016$26,348 +5.5%$492,510 +4.5%
    2015$24,978 $471,300
    2013-- --
    2012-- --
    2011-- --
    2010-- $595,730
    Find assessor info on the county website

    Neighborhood: 81435

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Telluride K-6
    • Middle: Telluride 7-8
    • High: Telluride 9-12

    Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.